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KANAYA, a boutique building footsteps to all the vibrant cultural epicenter of downtown where luxury, lifestyle, and location converge. The northwestern facing 5th-floor corner end unit features 3, 003 square feet, 3 bedrooms, 3. 5 baths, and an office/den with views of Downtown Sarasota and Sarasota Bay. A private elevator delivers you to a private vestibule/foyer, setting the stage for a warm welcome arrival. The open flow dining/living area is perfect for entertaining leading out to the expansive balcony to take in the Florida breeze and feel the energy of the Burns Court and Laurel Park below. The kitchen's spacious layout allows all to enjoy watching the culinary creations. The private primary suite includes a 13x10 private study for those working remotely and need privacy. The entire condo is wired with cat 5e ethernet cables for the fastest and most efficient connectivity. The spacious suite is a large corner bedroom, with separate balcony access, an owner's bath suite with a soaking tub, shower with transom window, water closet, two vanities, and an oversized walk-in closet. Two additional bedroom ensuites have access to a private balcony. Kanaya is an exclusive secure building with Butterfly MX smart intercom system which is a Cloud-based access controller that works whether you’re onsite or remote. Kanaya Amenities include a magnificent 16th-floor rooftop lounge seating and showstopping panoramic views of the barrier islands, downtown Sarasota, bayfront, Marina Jacks out to the Gulf of Mexico. The 3rd floor offers a south-facing 65-foot heated lap pool, sunbathing deck, fire tables, shower/sauna, yoga room, fitness center, and indoor social room and kitchen. Additional features include two deeded parking and two storage rooms. Extra bike storage for all your toys. Burns Court district provides easy access to eateries, movie theater, yoga studio and trendy boutiques. Barrier islands, Lido, Siesta and Longboat Key known for their powdery sand and turquoise waters, are a short drive away. Kanaya is a pet friendly building so your furry friends are welcome. Kanaya has excellent financials, is well-funded, has a backup building generator and recently passed favorably the Milestone Report by Karins Engineering, providing owners peace of mind. Overall, this residence offers the ideal combination of space, features, and proximity to the dynamic downtown area. This hidden gem is a value and available immediately!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,795,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,436,000 | $1,436,000 | $1,436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.666% |
Monthly Tax Payment | $645 | $645 | $645 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,842 | $9,195 | $12,509 |
Total Monthly Payment | $9,612 | $9,965 | $13,279 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.